Litigation Funding Blog

July 31, 2018

An Illinois widow is suing two machine-manufacturing companies for alleged liability and negligence in her husband’s death on a construction site.

According to the complaint filed, the plaintiff alleges her husband was thrown from a paver and crushed as it ran over him. The widow alleges that the defendants are responsible for failing to provide acceptable safeguards to prevent the death. She is seeking compensation for his wrongful death and the loss of companionship and services of a father and husband.

In filing this lawsuit, it is likely the family will face serious financial hardship due to the death of their primary breadwinner. In addition to bills and expenses resulting from the accident, they may be faced with mounting household expenses. To help them financially during the litigation process, the family could seek a lawsuit cash advance, known as pre-settlement litigation funding.

Pre-settlement funding, or a lawsuit loan, helps qualified plaintiffs deal with the cost of everyday necessities, such as transportation, rent, food, medical expenses, and funeral and burial costs. It is not like a traditional bank loan because a plaintiff’s personal credit has no bearing on funding approval; cases are funded solely on their strength. There are no upfront fees or monthly payments.

Litigation funding is non-recourse, meaning a plaintiff is only responsible for repaying the funding if, and when, they win the lawsuit. At that time, the funds come directly out of the proceeds of a case. Any obligation to repay the lawsuit loan is totally excused if the case fails. .

For further information or to see if your case qualifies for litigation funding, call Litigation Funding Corporation at 1-866-548-3863.